详细信息
Differential Pricing in Intermediate Good Markets
文献类型:期刊文献
英文题名:Differential Pricing in Intermediate Good Markets
作者:Li, Youping[1]
机构:[1]East China Univ Sci & Technol, Sch Business, 130 Meilong Rd, Shanghai 200237, Peoples R China
年份:2017
卷号:65
期号:3
起止页码:585
外文期刊名:JOURNAL OF INDUSTRIAL ECONOMICS
收录:;WOS:【SSCI(收录号:WOS:000413546800004)】;
语种:英文
摘要:This paper studies differential pricing by an upstream monopolist whose cost to supply the intermediate good differs across buyers in the downstream. It is shown that, different from demand-based price discrimination, cost-based differential pricing shifts production efficiently. If total output (and consumer welfare) is weakly increased under differential pricing as opposed to uniform pricing, as is true for weakly convex final market demand functions, social welfare is strictly improved. The analysis is extended to the case in which both the upstream monopolist's cost to serve the downstream firms and the downstream firms' cost to produce the final good differ.
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